GST billing software in kerala

                                 GST TAX INVOICE & BILL OF SUPPLY

Make GST compliant invoices, bill of supply, quote & others. With accurate templates and professional design, they are optimized & compliant with Indian law.A taxpayer whose turnover is less than Rs 1.5 crores* (Rs. 75 lakhs for north-east states and Uttarakhand) can opt for composition scheme. A dealer opting for composition scheme has to deposit tax on their receipts themselves, they are not allowed to collect any tax from their buyers. 

The GST has to be paid out of pocket by the composition dealer. They cannot charge GST in the invoice.Thus a composition dealer has to raise a Bill of Supply instead of a Tax Invoice.The composition dealer has to mention the words ‘composition taxable person not eligible to collect taxes on supplies’ on the Bill of Supply.An exporter is also not required to charge GST on their invoice. This is because exports supplies are zero-rated. Hence a taxpayer exporting goods can issue a Bill of Supply in place of a tax invoice.The dealer has to mention the following in their Bill of Supply.Supply Meant For Export On Payment Of IGST”The GST law has specified certain particulars that should be present in a Bill of Supply.

These are the details a Bill of Supply should have Name, address, and GSTIN of the supplier.Bill of Supply number (it must not exceed 16 characters, be generated consecutively and each.Bill of Supply will have a unique number for that financial year),Date of issue.If the recipient is registered then the name, address, and GSTIN of the recipient.HSN Code of goods or Accounting Code for services. The number of digits that are required to be mentioned based on turnover in the preceeding financial year.Aster billing contact number:-0471 254 5002 | +91 7012558852